Moment of truth for BTC

Morning guys,

Market has reached our predefined retracement target. In fact, we have side by side two K-support areas and for BTC it is crucial to hold above 6400$ to keep bullish sentiment.
Otherwise, market will form bearish reversal swing, which could mean deeper retracement, at least or, even downside reversal.

So, market right now stands at the point which gives perfect risk/reward ratio, because this is also invalidation point for short-term bullish setup. Taking position here doesn't promise you success, but it does promise
minimum loss in case on short-term trend breaking.

Today's Fed results will be major driving factor, I suppose.